Wingstop Inc (WING) is gearing up for another turning point as it hit the volume of 0.59 million

Wingstop Inc (NASDAQ: WING) kicked off on Friday, up 5.30% from the previous trading day, before settling in for the closing price of $383.57. Over the past 52 weeks, WING has traded in a range of $150.08-$431.03.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 24.75%. While this was happening, its average annual earnings per share was recorded 51.41%. With a float of $29.22 million, this company’s outstanding shares have now reached $29.34 million.

Let’s determine the extent of company efficiency that accounts for 1225 employees. In terms of profitability, gross margin is 58.25%, operating margin of 26.47%, and the pretax margin is 23.12%.

Wingstop Inc (WING) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Wingstop Inc is 0.30%, while institutional ownership is 101.79%. The most recent insider transaction that took place on Aug 08 ’24, was worth 1,192,302. In this transaction SVP Corp Restaurants & CPO of this company sold 3,199 shares at a rate of $372.71, taking the stock ownership to the 97 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Officer proposed sale 3,199 for $372.71, making the entire transaction worth $1,192,302.

Wingstop Inc (WING) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.69 earnings per share (EPS), higher than consensus estimate (set at 0.52) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.91 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 51.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.70% during the next five years compared to 26.21% growth over the previous five years of trading.

Wingstop Inc (NASDAQ: WING) Trading Performance Indicators

Take a look at Wingstop Inc’s (WING) current performance indicators. Last quarter, stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 21.69. Likewise, its price to free cash flow for the trailing twelve months is 108.39.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.20, a number that is poised to hit 0.94 in the next quarter and is forecasted to reach 4.60 in one year’s time.

Technical Analysis of Wingstop Inc (WING)

Looking closely at Wingstop Inc (NASDAQ: WING), its last 5-days average volume was 0.31 million, which is a drop from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 72.74%. Additionally, its Average True Range was 14.36.

During the past 100 days, Wingstop Inc’s (WING) raw stochastic average was set at 69.87%, which indicates a significant decrease from 97.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.84% in the past 14 days, which was lower than the 37.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $388.92, while its 200-day Moving Average is $334.56. However, in the short run, Wingstop Inc’s stock first resistance to watch stands at $411.44. Second resistance stands at $419.00. The third major resistance level sits at $432.62. If the price goes on to break the first support level at $390.26, it is likely to go to the next support level at $376.64. Should the price break the second support level, the third support level stands at $369.08.

Wingstop Inc (NASDAQ: WING) Key Stats

The company with the Market Capitalisation of 11.83 billion has total of 29,300K Shares Outstanding. Its annual sales at the moment are 460,060 K in contrast with the sum of 70,180 K annual income. Company’s last quarter sales were recorded 155,700 K and last quarter income was 27,490 K.